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    lot 62.2 Reeds Mill Rd Madrid Twp, ME 04966

    For Sale
    $70,000

    LAND - Madrid Twp, ME

    Lot size:
    8.50 Acres
    Days on Market:
    191
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for lot 62.2 Reeds Mill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    by State
    Pets allowed
    No
    Lot size
    8.50 Acres

    Utilities

    Water front
    1

    Coldwell Banker Sandy River Realty (207) 778-6333 [email protected]

    Listing agent Eric Kinney (207) 778-6333

    Listing date May 30, 2025

    MLS# 1615410 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rural Land with Mountain Views

    This 8.5-acre rural lot is located in Madrid Township, Franklin County, Maine. The property offers mountain views and has power available at the road. It provides access to fishing opportunities and is located close to Saddleback Mountain. The zoning is determined by the State. The seller intends to rough in a road.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Madrid Twp
    County
    Franklin
    State
    Maine
    Longitude
    -70.394605
    Latitude
    44.876224

    FAQs

    What type of property is this?
    Land - 8.5 acre lot in Madrid Twp with mountain views.
    Where is this land located?
    The property is located at lot 62.2 Reeds Mill Rd Madrid Twp, ME.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Mountain views provide a stunning backdrop.; - Power at road makes building easier.; - Close proximity to Saddleback Mountain for outdoor enthusiasts.
    (207) 778-6333
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    lot 62.2 Reeds Mill Rd Madrid Twp, ME 04966
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